Author Archives: trevorspear

Optimistic….

It definitely takes guts to remain optimistic in the face of some of the housing data coming at us these days. Last week, for example, we were greeted with a 16.5% drop in Housing Starts for April. It helps to … Continue reading

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2 reports show Charlotte-area housing market picking up

Charlotte Observer CoreLogic, an Irvine, Calif.-based company that provides monthly reports on housing prices, said they rose 7 percent in the Charlotte-Gastonia-Rock Hill area in March from the same month a year ago. The figure includes sales of distressed homes. … Continue reading

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Homebuilding Recovery Accelerating From Slow Start

After pausing at the start of 2013, homebuilding’s recovery resumed in the month of February. Compared to January, construction starts increased incrementally and permits authorizing future construction notched a solid increase. Compared to a year ago, starts and permits were … Continue reading

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Review of Last Week

Review of Last Week RECORD-BREAKING… Friday, new records were set for the Dow and S&P 500 stock indexes, as Wall Street went giddy over a better than expected (though still mediocre) April Employment Report. The Dow passed 15,000 during the day … Continue reading

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INFO THAT HITS US WHERE WE LIVE…

Both taking opportunities and making them have driven the housing market recovery to new accomplishments. For Q1 this year, existing home sales were at their highest level since Q4 of 2009 and new homes sales were the highest since Q3 … Continue reading

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NAHB Offers Reasons for Optimism About Housing’s Full Recovery

The nation’s growth “is finally being driven by housing again,” proclaimed David Crowe, NAHB’s chief economist, during the association’s Construction Forecast Webinar on Wednesday. Home prices have been rising, partly the result of tightening inventory of completed new homes, which in turn … Continue reading

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Survey: What’s the BUILDER Buyer’s Guide to You?

The BUILDER Buyer’s Guide is one of the most important tools builders carry in their briefcases. It is a key element of doing business all over North America. It is worth its weight in triple malt scotch. At least that’s … Continue reading

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Road Worrier: NC leaders postpone worries about transportation taxes

North Carolina is one of the nation’s fastest-growing states, Tata said, so we will need more and more roads and other transportation improvements over the coming decade. But we will have less and less money to provide these needs. On … Continue reading

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Three reasons home resales slowed in March

Sales of previously owned homes fell by 0.6% in March from February, causing some analysts to second guess the housing rebound. What’s going on? The Wall Street Journal’s Nick Timiraos gets to the bottom of it. The WSJ is a … Continue reading

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March was an extremely busy month for builders.

Single family permits rose 70% for the month of March. This increase pushed the overall permit numbers for the first quarter to 1,402 for a 51% increase. We have seen an 83% increase in permit activity since 2011. Single family … Continue reading

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